#TrendTradingStrategy
The price of Bitcoin increased by 2.55% in June but failed to surpass the record of May set at $112,000.
Long-term holders now own 74% of the total supply of bitcoins, reflecting strong conviction among investors, according to a report by ARK Investment from Cathie Wood.
The rise of the US dollar challenges the narrative of dollar depreciation, impacting sentiment in the cryptocurrency market.
